Angel Baby Hit Squad is a brand new cross-chain NFT undertaking, designed to attach the well-known blockchains, Ethereum and Cardano. The brand new launch consists of 11,111 distinctive angels, generated utterly at random utilizing a mix of as much as 183 traits.
Ethereum is without doubt one of the most profitable blockchains on the planet proper now. Ether is the second most valuable cryptocurrency after Bitcoin, and analysts have cited it as a platform with even better potential. As importantly, its standing as a decentralized and open-source blockchain has made it a sexy house for all kinds of improvement, and it has been of specific curiosity to creators and group members curious about NFTs.
Learn extra: AltPress and Wicked Craniums team up for first-ever NFT covers
Even so, Ethereum isn’t with out its challenges. In response to Angel Child Hit Squad’s mission statement, platforms corresponding to Cardano supply extra worth that may be of nice curiosity to the group.
“NFTs have been exponentially growing in recognition over the previous yr resulting from their high-value gross sales on platforms corresponding to OpenSea, Basis, Sotheby’s and Christie’s,” they write. “A lot of the NFT market to date has been targeting the Ethereum (ETH) community, and there has subsequently been an infinite development in communities surrounding these initiatives.
“The Ethereum NFT house faces challenges inherent to its blockchain within the type of excessive gasoline charges: charges paid out to Ethereum miners to course of transactions on chain. This circumstance usually results in a prohibitively costly person expertise. Different blockchains corresponding to Cardano supply a extra scalable value-proposition for NFTs by offering inexpensive choices for minting, buying and selling and distribution of digital property, all vital processes within the NFT house.”
Learn extra: These 12 platforms are the best places to buy and sell NFT art pieces
Angel Child Hit Squad sees Cardano as a precious platform in its personal proper. Cardano can be open-source and decentralized. The blockchain has a novel potential in selling accessibility and moreover has the additional advantage of prioritizing green solutions to the vitality consumption of Bitcoin mining.
“Our mission with this undertaking is to open the door for the Ethereum NFT group into the Cardano ecosystem,” Angel Child Hit Squad continues. “We imagine within the know-how that Cardano has constructed when it comes to its scalability (low transaction charges and excessive throughput potential), safety and decentralization by Proof-of-Stake consensus and wish to introduce the ETH group to our know-how. These three attributes that the Cardano blockchain supply a long-term platform by which know-how can and needs to be constructed upon.
Learn extra: Exclusive interview: Avenged Sevenfold’s game-changing Deathbats Club
“Nevertheless, we acknowledge the recognition of the Ethereum community and the early adoption of the Cardano community and are aiming to broaden the class and use the chance to showcase the NFT expertise on the Cardano blockchain. By including ADA utility by airdrops, we expose the Ethereum group to a different blockchain, giving them an NFT starter pack made by sought-after artists within the Cardano NFT scene by which they’ll use to discover and style the delicate tech that Cardano gives.
“In doing so, we’re additionally minimizing friction between the 2 communities and letting the collector determine which chain is a significantly better resolution to function on. We imagine that the Cardano blockchain sells itself on this regard of being the blockchain of alternative for transacting NFTs.”
Learn extra: Good Charlotte and Clay Mates tease exclusive Halloween NFT collection
Angel Child Hit Squad seeks to construct connections between the 2 chains, permitting customers to make their very own choices about which one is greatest for them. In the end, their objective is to push the envelope when it comes to cross-chain adoption.
DISCLAIMER: THIS IS NOT FINANCIAL ADVICE. Please do your personal analysis and seek the advice of with professionals when making any investments.